Gov. Murphy doubled his income last year. Here are the details.

22 hours ago · Murphy and his wife, who file their returns jointly, also paid about $598,000 in state and federal taxes last year, according to the documents. This comes after the couple’s income fell to about ...

$598000
OFF

Gov. Murphy Doubled His Income Last Year. Here Are The Details.

1 week from now

nj.com

$1
OFF

Gov. Murphy’s Earnings Dipped Below $1M Last Year, Tax Returns …

1 week from now

Nov 22, 2021 · Gov. Phil Murphy made about $982,600 in income last year, marking a significant drop from previous years and meaning the Democrat will avoid the so-called millionaires tax he signed into law ...

nj.com

$982000
OFF

Here's What NJ Gov. Phil Murphy Earned In 2023 - Bergen Record

1 week from now

1 day ago · The Murphys have seen their income shift from about $982,000 in 2020 to $5.2 million in 2021 before it dropped to about $655,000 in 2022 and back to about $1.4 million last year.

northjersey.com

$1
OFF

Phil Murphy's Income Plunged In COVID-19, Avoiding Millionaires …

1 week from now

Nov 22, 2021 · Gov. Phil Murphy earned less than $1 million in last year's COVID-19 pandemic, avoiding the new "millionaires tax" rate he and fellow Democrats passed, according to a summary of his tax returns ...

northjersey.com

63%
OFF

Murphy’s Income Down, But Tax Bill Climbs, Office Says

1 week from now

Nov 22, 2021 · TRENTON, N.J. (AP) — Gov. Phil Murphy paid about $445,000 in federal and state taxes in 2020 on about $983,000 in income, according to a summary of his tax returns released Monday by his office. Murphy’s income is down more than 63% over 2019, when his gross income was about $2.7 million.

apnews.com

$982000
OFF

Gov. Murphy Releases Tax Returns, Income Falls - The Record …

1 week from now

Oct 29, 2023 · Over the last three years, the Murphys have seen their income shift from about $982,000 in 2020 to $5.2 million in 2021 and back down to about $655,000 last year. While the couple’s income took a sizable drop, their refund didn’t fall nearly as much. They still managed a return of more than $293,000, which is about three times more than the ...

pressreader.com

$1
OFF

Governor Murphy's Joint Tax Return: $1.4M Income Last Year

1 week from now

15 hours ago · Governor Phil Murphy’s 2023 tax return, filed jointly with First Lady Tammy Murphy, shows the wealthy couple more than doubled their income last year over 2022.

nj1015.com

$93000
OFF

New Jersey Gov. Phil Murphy Sees Significant Drop In Income

1 week from now

Nov 23, 2021 · TRENTON, N.J. (CBSNewYork) --It looks like New Jersey Gov. Phil Murphy's income took a significant hit during the pandemic. According to his tax returns, his earnings dropped to about $93,000 in 2020.

cbsnews.com

$1
OFF

We Just Looked Through Gov. Murphy’s Latest Tax Returns ... - Nj.com

1 week from now

Nov 23, 2021 · Gov. Phil Murphy’s taxable income last year dipped below $1 million, and he once again lost more than $1 million on his professional women’s soccer team. He also paid a half-a-million in ...

nj.com

$1
OFF

Stock Swell Boosted Governor, First Lady Earnings To $1.4M In 2023

1 week from now

19 hours ago · The two reported nearly $6.8 million in income and a $2.2 million tax bill in 2017, the year before Murphy took office. Their income has oscillated wildly during the governor’s time in office. They reported $2.2 million in income in 2018, $3.1 million in 2019, just under $1 million in 2020, and $5.2 million in 2021.

newjerseymonitor.com

$1
OFF

NJ Governor Murphy Paid $1.8 Million In 2021 Taxes, Returns Show

1 week from now

Nov 17, 2022 · Murphy, a 65-year-old Democrat, is a retired senior director at Goldman Sachs Group Inc. with a vast investment portfolio. For 2021, the couple reported federal taxable income of $4.95 million and ...

bloomberg.com

$175000
OFF

Gov. Phil Murphy's NJ Taxable Income Quadrupled. Here's How

1 week from now

Nov 30, 2022 · Gov. Phil Murphy gets paid $175,000 to serve the state of New Jersey, but his taxable income was a whopping $4.95 million last year — a nearly $4 million increase from 2020.

northjersey.com

$1
OFF

Checking Gov. Murphy's Claims On Tax Cuts | NJ Spotlight News

1 week from now

Jan 24, 2022 · The best-known is the higher marginal income-tax rate — the so-called millionaires tax — that was established by Murphy for individuals and households making more than $1 million annually, which the governor frequently brags about as a key policy accomplishment.

njspotlightnews.org

$4
OFF

Gov. Murphy’s Income Jumped By $4M In 2021, According To Tax …

1 week from now

Nov 17, 2022 · After watching his taxable income dip below $1 million in 2020, Gov. Phil Murphy saw it jump dramatically last year, to just under $5 million, according to partial tax returns and a tax summary ...

nj.com

37%
OFF

NJ Millionaires To Pay More In Taxes In Victory For Gov. Phil Murphy

1 week from now

Sep 17, 2020 · Since 2004, when then-Gov. Jim McGreevey raised the top rate from 6.37% to 8.97%, the number of tax returns with income over $1 million has more than doubled, the department said last year.

northjersey.com

$500
OFF

NJ Lawmakers, Murphy Reach Agreement On Key Tax Relief …

1 week from now

Jun 21, 2021 · Middle Class Tax Rebate: In Fiscal Year 2022, over 760,000 New Jersey families will receive an up to $500 tax rebate over the summer due to the Millionaires Tax enacted last fall. The estimated ...

nbcnewyork.com

$2
OFF

N.J. Gov. Murphy Made $2.7M Last Year, Tax Returns Show

1 week from now

Nov 4, 2020 · The Murphys also received a tax refund of $285,685 last year. The couple’s income is once again significantly lower than before Murphy was elected. They made $6.8 million in 2017, the year he ...

nj.com

FAQs about Gov. Murphy doubled his income last year. Here are the details. Coupon?

How much did Phil Murphy's taxable income go down in 2020?

NEW! After watching his taxable income dip below $1 million in 2020, Gov. Phil Murphy saw it jump dramatically last year, to just under $5 million, according to partial tax returns and a tax summary released by his office Thursday. ...

How much did Phil Murphy make in 2019?

NEW! Gov. Phil Murphy made about $2.7 million in income and paid about $1 million in state and federal income taxes in 2019, his second year in office, according to partial tax returns and a tax summary released by his office Wednesday. ...

How much tax did the Murphys pay in 2019?

The income taxes they paid on a tax rate of 37.28% in 2019 is up from the $833,000 they paid on a 37.07% rate in 2018, according to the documents. The Murphys also received a tax refund of $285,685 last year. The couple’s income is once again significantly lower than before Murphy was elected. ...

How much does Gov Murphy's wife pay in taxes?

The income is a 23% increase from the $2.2 million Murphy, a 63-year-old former Wall Street executive, and his wife, First Lady Tammy Murphy, reported in 2018, his inaugural year as governor. The income taxes they paid on a tax rate of 37.28% in 2019 is up from the $833,000 they paid on a 37.07% rate in 2018, according to the documents. ...

How much did the Murphys pay in taxes last year?

The $341,275 the couple paid in taxes last year is down from the $1.87 million they paid in 2021. The $501,217 they donated last yea is down slightly from the $691,636 they gave in 2021. The Murphys also still claim three of their four adult children as dependents and took a $2,300 deduction last year, the documents show. ...

How much money did the Murphys make before he ran for governor?

The Murphys also received a tax refund of $285,685 last year. The couple’s income is once again significantly lower than before Murphy was elected. They made $6.8 million in 2017, the year he ran for governor, the documents show. And they averaged $5.8 million in the four years before that. ...